NYSE:BGG - Briggs & Stratton Stock Price, Price Target & More

Briggs & Stratton trades on the New York Stock Exchange (NYSE) under the ticker symbol "BGG."

Briggs & Stratton declared a quarterly dividend on Wednesday, April 25th. Shareholders of record on Friday, June 15th will be given a dividend of $0.14 per share on Friday, June 29th. This represents a $0.56 annualized dividend and a yield of 3.11%. The ex-dividend date is Thursday, June 14th. View Briggs & Stratton's Dividend History.

Briggs & Stratton declared that its Board of Directors has authorized a stock repurchase program on Wednesday, April 25th 2018, which permits the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 5.8% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's board of directors believes its shares are undervalued.

Briggs & Stratton Co. (NYSE:BGG) issued its earnings results on Wednesday, April, 25th. The industrial products company reported $0.84 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.83 by $0.01. The industrial products company had revenue of $604 million for the quarter, compared to analyst estimates of $616.19 million. Briggs & Stratton had a return on equity of 10.11% and a net margin of 1.09%. The firm's revenue for the quarter was up 1.2% on a year-over-year basis. During the same period in the prior year, the business earned $0.83 earnings per share. View Briggs & Stratton's Earnings History.

Briggs & Stratton is scheduled to release their next quarterly earnings announcement on Wednesday, August, 15th 2018. View Earnings Estimates for Briggs & Stratton.

Briggs & Stratton updated its FY18 earnings guidance on Wednesday, April, 25th. The company provided EPS guidance of $1.33-1.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.54. The company issued revenue guidance of $1.92 billion, compared to the consensus revenue estimate of $1.45-1.62.

3 Wall Street analysts have issued twelve-month target prices for Briggs & Stratton's shares. Their predictions range from $26.00 to $26.00. On average, they expect Briggs & Stratton's share price to reach $26.00 in the next year. This suggests a possible upside of 44.6% from the stock's current price. View Analyst Ratings for Briggs & Stratton.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Briggs & Stratton in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to Briggs & Stratton include Mosenergo (AOMOY), TPI Composites (TPIC), China Yuchai International (CYD), Westport Fuel Systems (WPRT), Power Solutions International (PSIX), Terra Tech (TRTC), Capstone Turbine (CPST), REGI U.S. (RGUS), American Power Group Corp. Common Stock (APGI) and Coates International (COTE).

News stories about BGG stock have been trending somewhat positive on Monday, according to Accern. Accern rates the sentiment of news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Briggs & Stratton earned a news impact score of 0.19 on Accern's scale. They also gave news coverage about the industrial products company an impact score of 44.74 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Briggs & Stratton's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Salem Capital Management Inc. (0.48%) and Bank of Montreal Can (0.04%). Company insiders that own Briggs & Stratton stock include Andrea L Golvach, David J Rodgers, Frank M Jaehnert, Harold L Redman, Todd J Teske and William H Reitman. View Institutional Ownership Trends for Briggs & Stratton.

BGG stock was bought by a variety of institutional investors in the last quarter, including Salem Capital Management Inc. and Bank of Montreal Can. View Insider Buying and Selling for Briggs & Stratton.

Shares of BGG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of BGG stock can currently be purchased for approximately $17.98.

Briggs & Stratton has a market capitalization of $787.17 million and generates $1.79 billion in revenue each year. The industrial products company earns $56.65 million in net income (profit) each year or $1.31 on an earnings per share basis. Briggs & Stratton employs 5,300 workers across the globe.

Briggs & Stratton's mailing address is 12301 WEST WIRTH STREET, WAUWATOSA WI, 53222. The industrial products company can be reached via phone at 414-259-5333.